Aspen
Technology, Inc.(NASDAQ: AZPN), a leading provider of
software and services to the process industries, announced the
establishment of AspenTech Academy, a corporate advisory group of
world-renowned university professors. The charter of the AspenTech
Academy is to advise and guide AspenTech on the development of
next-generation aspenONE
software products.

AspenTech Academy is the latest chapter in AspenTech’s history of
close ties to the academic
community. Since the company’s founding from an MIT project over 30
years ago, AspenTech has been at the forefront of innovation in software
for the process industries. Today, hundreds of the world’s leading
universities use AspenTech products as the de facto standard in their
chemical engineering curricula. AspenTech Academy will further
strengthen this relationship and help to ensure the next generation of
engineers is better prepared to enter the process industries’ workforce.

Supporting Quotes

George Stephanopoulos, Arthur D. Little Professor of Chemical
Engineering, Massachusetts Institute of Technology, Chairman of
AspenTech Academy“AspenTech Academy is an exciting,
unique initiative that will enable AspenTech to stay at the forefront of
new innovations around the world. It will be a catalyst for interaction
between the world’s leading process industry software company and top
researchers and educators in the chemical engineering academic
community.”

Manolis Kotzabasakis, Executive Vice President, Products, AspenTech“We
are excited to work with a board consisting of world-class thought
leaders. Their experience and connections will be invaluable in helping
AspenTech to execute on our vision of transforming the way that process
industries optimize their operations.”

About AspenTechAspenTech is a leading supplier of software
that optimizes process manufacturing – for energy, chemicals,
engineering and construction, and other industries that manufacture and
produce products from a chemical process. With integrated aspenONE
solutions, process manufacturers can implement best practices for
optimizing their engineering, manufacturing and supply chain operations.
As a result, AspenTech customers are better able to increase capacity,
improve margins, reduce costs and become more energy efficient. To see
how the world’s leading process manufacturers rely on AspenTech to
achieve their operational excellence goals, visit www.aspentech.com.

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